To ask the Secretary of State for Digital, Culture, Media and Sport, what support he is providing to businesses in the events sector which are threatened with bankruptcy as a result of the response to the covid-19 outbreak.
26 March 2020
We are aware that the COVID-19 outbreak is impacting businesses across many sectors and that the events industry has been significantly impacted. I recognise that multiple aspects of the sector are affected, including event organisers, conference centres and event suppliers.
I regularly engage with stakeholders in the tourism and events sector and across Government on this developing issue. I will continue to monitor its impact on the sector and would urge events businesses to share information with VisitBritain via their Tourism Industry Emergency Response group.
The Chancellor has announced unprecedented support for business and workers to protect them against the current economic emergency. This includes a Coronavirus Job Retention Scheme, tax relief and cash grant measures, plus £330bn worth of government backed and guaranteed loans to support businesses across the UK. I am also writing to the Chancellor to provide clarity guidance for the events sector on business rate relief.